Nifty's share in India's market capitalisation at 20-year low, shows data

The Nifty 50 index largely comprises of top 50 companies in terms of free float market capitalisation

The contribution of companies in the premier Nifty 50 index to India’s total market capitalisation (mcap) fell to 45.5 per cent in 2024-25 (FY25), the lowest in two decades. In FY14, these 50 blue-chip companies had accounted for almost two-thirds of India’s mcap.

 

The steady decline in the dominance of Nifty 50 companies is on the back of an influx of new companies in the listed arena, and sustained outperformance of stocks in the broader market.

 

“Looking at the annual trend, the Nifty 50 share in NSE-listed companies, at 45.5 per cent in FY25, is the lowest in 20 years.